DID YOU KNOW...
Almost half of Canadians* have never checked their credit score. Checking it is easier than you think.
Understanding how your credit score works is essential in establishing a strong financial foundation which can help you qualify for loans, mortgages, and other financial products later in life. But the first step to your financial wellbeing is with checking where you are now.
Take control of your finances
A good credit score is key for financial success. Understanding its factors and taking steps to maintain it leads to better financial health and stability.
A good credit score is one of the most important factors in ensuring that you’re getting the best financial products for your important life milestones. Learning more about those factors and following simple steps will get you closer and help you maintain a credit score in the high 800s and up.
Need help managing monthly expenses and bill payments?
Consider using Scotia Smart Money by Advice+. It offers insights, advice, budget management, and more for eligible customers.
Want to see how much house you can afford?
If you’re checking your credit score and wondering what kind of house you can afford, take a look at our house affordability tool.
* Source: Financial Consumer Agency of Canada survey, 2019.
** Source: CBA, 2021